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Inlock2018-09-20T21:46:52+00:00

CRYPTO BACKED LOANS by INLOCK

CRYPTO BACKED LOANS by INLOCK

TOKEN SALE IS LIVE!

17% BONUS (Sept 15-22) – Next Level is 12%

+ REFERRAL BONUS!

+15%

if you and your friend both contribute

+10%

if your friend contributes

CONTRIBUTE NOW

Data and AI platforms come and go, but loans will always be sought after. We raised $2.5M during our private sale, which clearly illustrates the growing demand for our services even in a bear market.

1,517B tokens already allocated

Only 53% tokens for sale 47
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Lock your 17% bonus now!

INLOCK FEATURES

Inlock is a lending platform enabling cryptocurrency holders to manage short term liquidity problems by taking out a fiat loan using their existing crypto assets as collateral. Since the cryptocurrency collateral can be converted to FIAT currency immediately, the risks involved for the lender party are almost identical to a bank deposit while offering higher interest rates and profit potential. The process is fast and seamless as it eliminates the need for additional credit checks since the borrower provides collateral, which offers rapid and flexible convertibility.

Inlock helps users both retain their crypto and access its purchasing power by taking out near instant fiat loans with crypto collateral. These digital assets sold to finance a temporary liquidity problem can often only be bought back at a significant loss.

Borrowers and Lenders can fully customize loans with flexible interest rates and variable terms regarding loan duration and the amount deposited. No credit score check required, since all loans are 100%+ collateralized by crypto assets. Collateral managers actively monitor the current value of the collateral to provide full security for the lender.

After successful loan repayment, borrowers can still recognize the the profit on their cryptocurrencies if exchange rates rise during the contract period. Excluding interest payments, INLOCK platform users pay every cost in ILK tokens. Thus, the ILK token plays an integral part of the INLOCK ecosystem. ILK tokens can be purchased directly from the platform or during the multi-phase token sale.

07 Aug 2018 | Dubai International Blockchain Summit

08 July 2018 | Token Engineering

06 July 2018 | Techcrunch Sessions Zug

26 June 2018 | Blockchain Summit London

25 June 2018 | Franfurt World Blockchain Summit Frankfurt

More Events

Miner’s problem

Trader’s Problem

Spendability problem

Meet the team

Lending Platform

Review by ICOMustra

TOKEN DISTRIBUTION

During the Whitelist potential Token purchasers are able to complete the KYC process in order to purchase the ILK Tokens. Every participants must provide their information to receive their Tokens onto their personal Ethereum wallets.

The ILK token is fits into “Toll” style utility token definition. ILK token is an inseparable part of INCOME Locker platform; with this token we can provide a full transparent service where we are able to preserve the maximum value of our customers’ collateral. Our customers are able to get back their collateral without any cut after a successfully repaid loan contract.

In order to make ILK token distribution process more efficient, the ILK price will be linked to USD: 100 ILK = $1

Contribute now

OUR TOKENS: WHAT ARE THE KEY BENEFITS?

SPEED

the process is fast and seamless and eliminates the need for additional credit checks since the borrower provides collateral, which offers rapid and flexible convertibility.

SAFETY

the risks involved for the lender party are almost identical to a bank deposit but with higher interest rates and profit potential.

FLEXIBLE

the Borrower is able to set their own conditions using our platform such as the amount and lock-in period duration based on their needs. Furthermore, the risk level for exchange rate fluctuations is also customizable.

COMPETITIVE ENVIRONMENT

Institutional lenders compete with eachother through their offers making sure the borrower can always get the most favorable offer.

INLOCK TIMELINE DISCOUNT

17%

Bonus - Round 1
  • Sept 15 – Sept 21
  • 100 ILK = $1
  • Minimum contribution is $100 crypto equivalent:
  • $100 = 11700 ILK tokens according to the bonus level

12%

Bonus - Round 2
  • Sept 22 – Sept 28
  • 100 ILK = $1
  • Minimum contribution is $100 crypto equivalent:
  • $100 = 11200 ILK tokens according to the bonus level

9%

Bonus - Round 3
  • Sept 29 – Oct 5
  • 100 ILK = $1
  • Minimum contribution is $100 crypto equivalent:
  • $100 = 10900 ILK tokens according to the bonus level

2%

Bonus - Round 4
  • Oct 6 – Oct 12
  • 100 ILK = $1
  • Minimum contribution is $100 crypto equivalent:
  • $100 = 10200 ILK tokens according to the bonus level

OUR TECHNOLOGY AND BUSINESS ROADMAP

Advantages

for Borrowers

Advantages

for Lenders

Preserve your crypto

Excluding interest payments, INLOCK platform users pay every cost in ILK tokens, thus you can preserve all your crypto upon repaying the loan.

Manage short term liquidity problems

Never have to sell your cryptocurrency again to finance a temporary liquidity problem.

Missed selling the tops?

When you think the time is right to buy, you can use your cryptocurrency as collateral and get a loan.

Regulated environment

Inlock is operating with strong cooperation with regulators in each region to create a transparent and fair environment.

New lending opportunities

INLOCK platform serves as a gateway to the booming cryptocurrency market for institutional investors, as lenders.

Safe, collateral based loans

Since the cryptocurrency collateral can be converted to FIAT currency immediately, the risks involved for the lender party are almost identical to a bank deposit but with higher interest rates and profit potential.

Advantages

for Borrowers

Preserve your crypto

Excluding interest payments, INLOCK platform users pay every cost in ILK tokens, thus you can preserve all your crypto upon repaying the loan.

Manage short term liquidity problems

Never have to sell your cryptocurrency again to finance a temporary liquidity problem.

Missed selling the tops?

When you think the time is right to buy, you can use your cryptocurrency as collateral and get a loan.

Advantages

for Lenders

Regulated environment

Inlock is operating with strong cooperation with regulators in each region to create a transparent and fair environment.

New lending opportunities

INLOCK platform serves as a gateway to the booming cryptocurrency market for institutional investors, as lenders.

Safe, collateral based loans

Since the cryptocurrency collateral can be converted to FIAT currency immediately, the risks involved for the lender party are almost identical to a bank deposit but with higher interest rates and profit potential.

CORE TEAM

Csaba Csabai
Csaba CsabaiCo-founder, CEO
Csaba is a crypto and blockchain evangelist. He is an independent crypto currency related blogger and a well-respected member of the crypto-community. He spent the last 10 years in the second largest Bank group in the world: KBC.
Peter Gergo
Peter GergoCo-founder, CMO
Peter joined the crypto space with persistent research & enthusiasm, he quickly gained considerable knowledge about this amazing new tech called Blockchain.
Benedict Banathy
Benedict BanathyCSO
Benedict is a communication, marketing and business strategy expert with a special focus on the emerging blockchain and crypto sector.
dr. Gyorgy Cseh
dr. Gyorgy CsehCOO
Gyorgy Cseh is seasoned asset manager with 20+ years of experience. He had senior management positions and responsibilities in the field of finance, investment and asset management.
Peter Tamas Turcsan
Peter Tamas TurcsanStrategist
Tamas is a Serial Entrepreneur, Innovator, Business Developer, International mentor, Startup consultant, Visioner, Communication and Media expert, Crowdfunding specialist, Social Innovator.
Krisztian Dobo
Krisztian DoboUX & Frontend expert
Krisztian started out as a front-end developer in the early days of the web. After a 10-year detour including various IT management positions and heading an online agency, he returned to his real passion, coding.
Attila Kovacs
Attila KovacsEnterprise Business Architect
Attila has work experience in independent business development and project management. He is familiar with crypto currencies trading, ICO-s and markets.
Viktoria Kazar
Viktoria KazarAudit & Compliance
Viktoria is a results-driven professional with more than 10 years of experience in the field of business, with a heavy focus on financial services.
Andor (iFA) Rajci
Andor (iFA) RajciSmart Contract Developer
Andor is a zealous smart contract coder, one of the most experienced token coders in the CEE region.
Ananda Parrott
Ananda ParrottHead of external communications
Ananda is a communication expert, responsible for engaging with partners and building the business relationship network of INLOCK.
Barbara Szilagyi
Barbara SzilagyiLegal & HR
Barbara is a blockchain advocate with extensive experience in both the legal and the investor side of the crypto-world. She also the base of the human resources by helping to see through daily problems.
Peter Angyal
Peter AngyalBlockchain, Token Specialist
Peter’s 10+ years of experience in the software industry ranges from designing image processing algorithms, researching p2p data distribution networks and developing dispatching center applications.
Gabor Meiszterics
Gabor MeisztericsBlockchain Software Architect
Gabor gathered substantial experience in the field of software architecture during different kinds of process driven IT projects from CRM implementation to traditional and innovative investment solutions.

ADVISOR BOARD

Mate Tokay
Mate TokayBusiness Advisor
Mate is the COO of Bitcoin.com. He is an entrepreneur at heart. Mate first heard about Bitcoin in late 2012 and began bitcoin mining in mid-2013 using custom-built ASIC miners. Later he founded the Bitcoin news and review website called Bitcoinist.com.
David Sabo
David SaboToken Advisor
David has been building technology companies since 2012 across Europe from Budapest to London. He gained his experience in tokenisation as former Head of Global of Cofound.it.
Zsolt Gilanyi
Zsolt GilanyiMonetary Theory Expert
Zsolt is an academic expert specialised in monetary theory. He received his Ph.D. in Economy from Corvinus University of Budapest and from Université Paris-Est.
Antal Károlyi
Antal KárolyiToken Architect
Business angel and entrepreneur. Antal supports Inlock with quantitative modelling as co-founder of Symbol Network.
Norbert Radoki
Norbert RadokiMedia Advisor
Norbert Radoki supports Inlock with his extended SN and media experience. He is the CEO of Bitcoinist.com one of the leading news site in the crypto industry and he’s in love with cryptocurrencies and graphic design.
Tamas Safrany
Tamas SafranySecurity specialist
Tamas has close to 20 years of experience on the field of IT and IT security. Participated in developing and operating corporate IT environments as Chief Information Officer of the Hungarian Export Import Bank.
Allen Scott
Allen ScottMedia advisor
Allen is the editor-in-chief at Bitcoinist.com, one of the fastest growing cryptocurrency news sources. An early adopter of Bitcoin since 2013, he successfully managed editorial teams at Bitcoin.com and Cointelegraph, helping grow these businesses from the ground up.
Balazs Vegvari
Balazs Vegvari Blockchain partnerships strategist
Balazs has been a crypto investor since 2013, he focuses on projects working on real world use cases. He has been a long time active member of the NXT and the Lisk (and other) communities, financing projects to be built on top of them.
Mikk Maal
Mikk MaalLegal Advisor
Mikk is a serial entrepreneur (founded more than 10 businesses). currently a partner and a CEO of Comistar International (with offices in 4 countries), a company dedicated to helping legal and finance professionals to succeed and grow their businesses.

ILKTOKEN SMART CONTRACT

ILKTOKEN SMART CONTRACT

PARTNERS & SUPPORTERS

We Collaborate Only With The Best

MARKET ANALYSIS

METRICS INLOCK SALT ETHLEND NEXO
Disadvantages over INLOCK Slow and manual matching between Borrowers and Lenders, only available in some states of USA Matching of Borrowers and Lenders may take up to 2 weeks, currently only crypto loans are available Liquidity is strongly limited
Product Flexible loan terms set by the Borrower Installment loan Peer-to-peer Loan Flexible overdraft
Collateral release The value of crypto assets exceeding the collateral/loan ratio set upon contract creation are always available for withdrawal Crypto assets remain locked until SALT receives a written request from the Borrower, limited to one every 24h. Assets are released on the day after Crypto assets remain locked until full loan repayment The value of crypto assets exceeding the overdraft limits are always available for withdrawal
Additional fees No Membership Fee, Late Penalty Fee Loan Funding Fee, Gas Fee, Oraclize Fee, Late Penalty Fee No
Token type Proper utility token Membership Token Utility Token Securities token / pays divident
Coverage Worldwide Only part of US Worldwide Worldwide
Mathematically tested token model Yes No No Not found
Platform roles outsourceable Yes No No No
API connections for automation Yes No N/A No
Interest rates Based on market competition to be as low as possible 10 % APR Competitive 12 % APR

Sources:  saltlending.zendesk.com  |  nexo.io  |  ethlend.io

MEDIA APPEARANCES